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deregulation


There are only two ways to deal with corporate misbehavior

In the real world, there are only two ways to deal with corporate misbehavior: One is through government regulation and the other is by taking them to court. What has happened over 20 years of free-market proselytizing is that we have dangerously weakened both forms of restraint, first through the craze for "deregulation" and second through endless rounds of "tort reform," all of which have the effect of cutting off citizens' access to the courts.  By legally bribing politicians with campaign contributions, the corporations have bought themselves immunity from lawsuits on many levels.

Favorite Quotes

One of the main reasons America should re-elect President Obama is that he is still committed to cooperation. He appointed Republican secretaries of defense, the army and transportation. He appointed a vice president who ran against him in 2008, and trusted him to oversee the successful end of the war in Iraq and the implementation of the recovery act. And Joe Biden did a great job with both.

Democratic National Convention, September 5, 2012